When can I tell my customers I’ll have new design $100 notes?
The redesigned $100 note will begin circulating on October 8, 2013. Once it is issued, any commercial bank, savings and loan, or credit union that orders $100 notes from the Federal Reserve will have its order filled with the new design. Distance, demand, and the policies of individual financial institutions will be the deciding factors in how quickly redesigned $100 notes reach the public, both in the U.S. and in international markets.
Where can I find training materials to help educate cash handlers about the new design $100 note’s security features?
The U.S. Currency Education Program has developed training materials to help businesses and organizations become familiar with the changes to the $100 note. These materials are currently available for order or download.
How do I determine if a banknote is genuine? Do counterfeit detection pens work?
The best way to determine whether a banknote is genuine is to rely on the security features in the note. Counterfeit detection pens are not always accurate and may give you false results, which is why we recommend relying on security features such as the watermark and security thread. To learn about these and other security features in genuine U.S. currency, visit the U.S. Currency section of the website or explore the interactive notes.
Additionally, the United States Secret Service provides the financial community with information on specific counterfeiting threats through their USDollars website. You or a representative from your organization can register for access here.
What should I do if I think I have a counterfeit note?
Details on what to do if you think you've received a counterfeit note, including a counterfeit note report form, can be found on the U.S. Secret Service's website.